Federated Hermes Mortgage Strategy Portfolio (FMBPX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Federated Hermes Mortgage Strategy Portfolio (FMBPX) is up 0.7% since the beginning of the year. FMBPX is currently trading at $8 per share. Investors who bought $1,000 worth of FMBPX shares 5 years ago would now be looking at an investment worth $1,017.

Federated Hermes Mortgage Strategy Portfolio (FMBPX) has returned 0.69% so far this year and 6.77% over the past 12 months. Over the last ten years, FMBPX has returned 1.44% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jul 1, 2009, FMBPX's average daily return is 0.00%, while the average monthly return is +0.10%. At this rate, an investment would double in approximately 57.8 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2023 with a return of +5.4%, while the worst month was Sep 2022 at -5.2%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 9 months.

On a daily basis, FMBPX closed higher 37% of trading days. The best single day was Nov 10, 2022 with a return of +2.4%, while the worst single day was Sep 26, 2022 at -1.8%.

Federated Hermes Mortgage Strategy Portfolio has an annualized alpha of 1.20%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since July 01, 2009.

• This fund participated in 11.72% of S&P 500 Index downside but only 7.76% of its upside - more exposed to losses than it benefited from rallies.
• Beta of -0.00 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FMBPX has an expense ratio of 0.02%, which is considered low.

FMBPX ranks 35 for risk / return — below 35% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Federated Hermes Mortgage Strategy Portfolio provided a 5.03% dividend yield over the last twelve months, with an annual payout of $0.42 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for Federated Hermes Mortgage Strategy Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Federated Hermes Mortgage Strategy Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Federated Hermes Mortgage Strategy Portfolio was 18.34%, occurring on Oct 25, 2023. Recovery took 557 trading sessions.

The current Federated Hermes Mortgage Strategy Portfolio drawdown is 1.35%.

The chart below shows the rolling one-month volatility.